Question: Crane Company has these comparative balance sheet data: Additional information for 2 0 2 7 : Net income was $ 2 5 , 1 0

Crane Company has these comparative balance sheet data:
Additional information for 2027:
Net income was $25,100.
Sales on account were $412,750. Sales returns and allowances amounted to $19,300.
Cost of goods sold was $196,000.
Net cash provided by operating activities was $44,100.
Capital expenditures were $26,800, and cash dividends paid were $8,600.
The bonds payable are due in 2035.
Compute the following ratios at December 31,2027.(Round current ratio to 2 decimal places, e.g.1.67. Round Accounts receivable
turnover, Average collection period, Inventory turnover and Days in inventory to 1 decimal place, e.g.1.6.)
(a) Current ratio
:1
(b) Accounts receivable turnover
times
(c) Average collection period days
(d) Inventory turnover times
(e) Days in inventory days
(f) Free cash flow
 Crane Company has these comparative balance sheet data: Additional information for

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